Many people ask me why I haven't been tweeting recently. Because I primarily use Twitter to record trades and share ideas. I'm not good at generating traffic. I haven't been doing much trading lately, so I feel like there's not much to share. The sharing of secondary bloggers must be based on their actual operations, not just what I have called out.
Why have I been trading less? Because I feel that the current market doesn't have many assets worth taking positions in. Of course, the frequency of new listings has also decreased a lot. Or how many people believe they can achieve high returns in a market with depleted liquidity?
Anyway, I am currently making stable profits every month. This is also the only time in these years when the market has worsened but I am still making a profit.
Today, after seeing a post from Cat Teacher, I want to say that first, you need to clarify your path to making money in the crypto space.
I personally believe: It is to seize the major hotspots every year and make money when liquidity is at its best.
Not by mindlessly doing high-frequency contracts and opening positions based on feelings. Like an addiction, operating endlessly.
For me, if there isn't a certain risk-reward ratio, I am unwilling to place a bet.
Many people follow me probably because of which short positions are profitable this year.
A simple reason why I mainly short this year: The emergence of alpha this year, frequent new tokens, and very few price surges (no wealth effect) mean the market cannot sustain it.
What was the environment like for new VC coins in the last two years? In 2023, TIA surged tenfold in two months, creating a profit effect, and the market was willing to buy, with very few people shorting at that time. Of course, if those people held long, they would likely only have 5% to 10% left. History has also validated that new coins ultimately lead to a mess.
There is no doubt that during the good market conditions of 2023 and 2024, I was mainly going long, and I made over 1 million each year through new coins. There is no doubt that the profits from going long are higher; in 2023 and 2024, I have experienced many coins that doubled or tripled in value after purchase.
Being able to adapt to the changes in market conditions in each period is important. Being able to seize the hotspots of each year and achieve results is important. Being able to survive in the market and make stable profits every year is important.
A few coins that were shorted in the live broadcast the day before yesterday have fallen heavily The strategy also wrote the logic that day Whether you can keep up and benefit depends on yourself
风寻
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Talk about the logic of several coins in today's live broadcast.
{future}(MONUSDT)
{future}(SENTUSDT)
{future}(UNIUSDT)
1.MON Short This order has been held for a long time, previously in the live broadcast at 0.057 for everyone to play with. The strategy is also to increase positions in batches above 0.06. On the 24th, I will go to the spot market, and on the 24th, I will look at the situation to take profits. It's hard to catch a big market, I think it should reach around 0.035.
2.SENT Short Opened at 0.068 before the market, I think this market has overestimated the 2.3 billion FDV. Similar to kite, adding positions on the rise, market opening collapse.
3.UNI Short Short positions at 8 and 8.05, legendary trader Pigeon called the order today, Didn’t call it up, the reason for the order was also previously fermented. The positive impact of the fee switch has already raised the UNI price to a high point. Without this positive impact, the UNI price should be below 5. I feel it is overestimated. Even the big KOLs can’t call the order, what story can be told later? 8.5 stop loss, 7.5 7 take profit is about right. (If there is a big market fluctuation, then it can’t be helped.)
4.sign Long 0.038 I am trading spot, I have always had a habit of holding spot for sign, Recently, the horizontal market has been very stable, so I am building positions again. CZ issued sign twice, I have sold out, just sell on the rise.
💥Even when the market is not good, this month still stable profit, Learning from live traders, Is much better than those who only post return rates and do not disclose profit amounts.
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🤷 After a year, easily saving a few thousand U, tens of thousands U in fees, I return commissions fixed every Monday, as long as the fees are greater than 1U it's good for commission returns.
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Talk about the logic of several coins in today's live broadcast.
1.MON Short This order has been held for a long time, previously in the live broadcast at 0.057 for everyone to play with. The strategy is also to increase positions in batches above 0.06. On the 24th, I will go to the spot market, and on the 24th, I will look at the situation to take profits. It's hard to catch a big market, I think it should reach around 0.035.
2.SENT Short Opened at 0.068 before the market, I think this market has overestimated the 2.3 billion FDV. Similar to kite, adding positions on the rise, market opening collapse.
3.UNI Short Short positions at 8 and 8.05, legendary trader Pigeon called the order today, Didn’t call it up, the reason for the order was also previously fermented. The positive impact of the fee switch has already raised the UNI price to a high point. Without this positive impact, the UNI price should be below 5. I feel it is overestimated. Even the big KOLs can’t call the order, what story can be told later? 8.5 stop loss, 7.5 7 take profit is about right. (If there is a big market fluctuation, then it can’t be helped.)
4.sign Long 0.038 I am trading spot, I have always had a habit of holding spot for sign, Recently, the horizontal market has been very stable, so I am building positions again. CZ issued sign twice, I have sold out, just sell on the rise.
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I have had this order from mon for quite a while I think the risk-reward ratio of this order is quite high
High market value, large selling pressure, as long as the market is pulled up, there will definitely be short sellers hanging short positions above.
However, in order to sell the coins, the project party will definitely protect the pre-market price, and it is very unlikely that it will be protected too high, otherwise the cost will be a bit high.
So I estimate that a reasonable price is probably within 50% of the new issuance price, which means 0.38 is likely to be the ceiling of his price.
The pump, whether it is pre-market open interest, protocol income, the market conditions at the time, or the buying strength are all much better than mon, and it broke the issue price shortly after the coins were released.
Starting from the 17th, the price will officially start to decline on this day because those who got in will start to hedge.
As for whether anyone will take over this kind of coin 1. In the current market, no one will take it, nor can they afford a big truck 2. Issuing coins is equivalent to a dead chain, they are all the same
As for the listed ones, high FDV projects, give out chips, as the current market cannot hold them not giving out chips, and even fewer people will buy.